Latvian LongeVC has invested in the US biotech startup Rubedo Life Sciences, which developed a drug discovery platform that helps to identify and fight cells causing aging. €37,3M Series A round was led by Californian Khosla Ventures and #London -based Ahren Innovation Capital, with

The Lithuanian Ministry of Economy and Innovation has allocated €35M to support 35 #innovative projects in the central and western Lithuanian regions. The Ministry has divided the projects into two schemes: InoPažanga for advanced innovators and Inobranda for mature innovators.

Estonian accelerator and fund Startup Wise Guys launches construction tech specialized fund in #SaudiArabia . In the third quarter of 2024 Startup Wise Guys, its partner Saudi Arabian SEEDRA Ventures, and #Canadian architecture firm WZMH plan to launch an accelerator program,

Estonian Salesforge won one of the main prizes at the pitch competition Fifty Founders Battle, which was a part of the annual business event TechChill | #techchill2024. The prize was an equity investment of €100K from Czech DEPO VENTURES.

Founded in 2023 by Dovydas Volodko, Frank - Salesforge,

Estonian accelerator Startup Wise Guys has invested in a #Serbian AI-powered solution for online research Collabwriting, which allows one to organize, leave comments, and share with colleagues key #insights , found on the web and in #pdf documents. The €1,1M round was led by

#Vilnius -based #fintech startup Softloans has secured €1M in a pre-seed round of #investment , led by a Lithuanian accelerator and fund Firstpick, with strategic contributions from some business angels. 

Founded in 2022 by Audrius Griskevicius, Edmundas Kevisas, and Aleksandras

Latvian AI-based career assistant Orbit8 has raised €155K out of its €200K target. Latvian fund and accelerator Buildit Accelerator and a #syndicate of Latvian business angels via #investment funds ASP Asset Management AIFP and CR Capital (launched by Orbit8 founder Voldemars Bredikis)

Latvian fintech inGain has raised €650K from Estonian Trind Ventures, #Budapest -based Fiedler Capital, LatBAN (LatBAN), and several business angels.

Founded in #Riga in 2011 by Armands Liseks, Kristaps Veinbergs, and Juris Čirkovs, inGain provides a no-code #SaaS loan management

#Tallinn -based AI copilot for small and large sales teams, Salesforge has raised €470K from Latvian BADideas.fund, Estonian Spring Capital, #Budapest -based Fiedler Capital, and Maciej Zawadziński, a business angel from #Poland .

Founded in 2023 by Dovydas Volodko, Frank - Salesforge, and

Lithuanian food marketplace Saltz.app has raised €3M in a seed funding round. The lead investor was #Helsinki -based VC and private equity firm Lifeline Ventures, with participation from Estonian Change Ventures, and Helsinki-based Illusian Family Office (founded by Ilkka

Lithuanian startup CTO2B has raised €1M in a pre-seed round from Lithuanian Practica Capital and Firstpick, as well as some #Baltic business angels.

Founded in #Vilnius in 2019 by Andrius Bagdonavičius and Aleksej Trofimov, CTO2B is a platform that helps fintech startups and

The Estonian startup SeaNest OÜ, which is developing the electric car NobeCars, may close down soon. It has already closed its #website due to unpaid bills. In addition, only one #employee remains at the company.

Founded in 2017 by Roman Muljar, SeaNest OÜ develops a

#Tartu -based biotechnology company Vectiopep, which developed technology to help the immune system fight cancer, has raised €450K in a pre-seed round. The lead investors were a founding member of EstBAN and a venture partner of #Finnish VC Superhero @Ivo_RemmelgIvo, health tech

SmartCap’s Green Fund increases the amount of #investment per startup, which now will range from €500K to €5M. Additionally, the fund will change its focus from early-stage startups to later-stage startups. For instance, SmartCap’s Green Fund will begin to support companies

Estonian Fleetfox, which offers car services for shared mobility companies, is raising €350K in a follow-up seed round. The company has accumulated a third of the #investment , and it expects to receive the rest by the end of #April . The investment will be provided in the form of

Estonian ride-hailing platform and application Forus has appointed Loukas Tzitzis as its new CEO. The current CEO, Eduard Dubrovski, will take over the role of chief operations manager at Forus.

From September 2017 to May 2019, Tzitzis was chief product, strategy, and marketing

Jaan Tallinn’s fund Metaplanet has invested in Utah-based Al-powered startup Leash Bio. The startup has raised €8,6M in a seed round led by the US-based Springtide Ventures, with participation from Top Harvest Capital, Mitsui Global Investment, MFV Partners, and some business angels.